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A century ago, a Black-owned team ruled basketball − today, no Black majority owners remain

The New York Rens played from 1923 to 1948. Black History Heroes/TwitterFor the first time in 20 years, the NBA began its season with no Black-owned franchises. In fact, there’s been only one Black majority-owned team in league history. In late 2002, the NBA awarded an expansion team, the Charlotte Bobcats, to Black Entertainment Television co-founder Bob Johnson. Four years later, former NBA star Michael Jordan bought a minority stake in the franchise, and in 2010, he bought Johnson’s stake. Ho ....

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